earnings
confidence high
sentiment positive
materiality 0.75
Chatham Lodging Q1 AFFO per share up 18%; raises FY guidance 15%
Chatham Lodging Trust
2026-Q1 EPS reported
-$0.13
revenue$67,504,000
- Q1 net loss to common shareholders $6.3M ($0.13 diluted loss) vs $0.5M loss in Q1 2025 which included $7M gain on sale.
- Comparable portfolio RevPAR $128 (+1% YoY); GOP margin 40% (+60 bps); Hotel EBITDA margin 32% (+135 bps).
- Acquired six Hilton-branded hotels (589 rooms) for $92M; portfolio producing RevPAR growth 6% in Q1 and 7% in April.
- Repurchased 0.9M shares at avg $7.35 in Q1; raised quarterly dividend 11% to $0.10/share.
- Raised 2026 guidance: Adjusted EBITDA $95.3-$99.6M, AFFO per share $1.21-$1.29 (+15% at midpoint).